• Prior +0.2%

The year-on-year figure is a standout as Germany records a drop of 1.9% in import prices compared to November 2024. That marks the sharpest year-on-year decline for import prices since March last year.

Looking at the details, energy prices were the main culprit as they were seen down 15.7% compared to November 2024. But on a monthly basis, they were the biggest contributor as prices were seen up 3.1% on average compared to October.

In excluding energy prices, German import prices are seen down only 0.3% on a year-on-year basis while up 0.3% on the monthly estimate.

Source: Investing Live